Are You on Track for Your Retirement?

Book Description

This Element is an excerpt from Save Your
Retirement: What to Do If You Haven’t Saved Enough or If Your
Investments Were Devastated by the Market Meltdown
(9780137029006) by Frank Armstrong, III and Paul B. Brown.
Available in print and digital formats.

How much money will you really need
to retire?

It’s expensive to retire. But just how
much will it take, and how will you pay for it? To see, first check
out the Social Security Benefit Calculator for a very close
approximation of the benefits you and your family are entitled to
under many different scenarios. Next, if you’re fortunate
enough to have a defined benefit retirement plan at work, ask your
employer for an estimate of your benefits.